Serbian Shares Gain, Turnover Falls

The bourse's blue-chip BELEX15 rose 1.87% to 640.83 points on Monday after ticking down 0.26% in the previous trading session.

The broader BELEXline gained 1.38% to 1,250.66 points after edging down 0.56% on Friday.

The joint SRX index of the bourses in Belgrade and Vienna bucked the rise, shedding 0.17% to 281.60 points.

Twenty-nine issues gained ground, 16 fell and the share prices of 24 companies remained unchanged on Monday.

Total turnover on the BELEX fell to 97.2 million dinars ($1.5 million/1.0 million euro) from 136.6 million dinars on Friday.

Blue chip AIK Banka climbed 2.68%, closing at 2,533 dinars in Monday's highest turnover of 21.8 million dinars.

In single price trading hair dressing company Higijena surged 1,498.92% to 19,187 dinars in the second highest turnover of 15.3 million dinars.

Edible oil producer Vital led the decliners, tumbling 12.03% to 1,309 dinars.

Drug maker Velefarm, which led the gainers, soared 19.92%, ending at 1,439 dinars.

(1 euro = 96.3022 Serbian dinars)